{"id":27333,"date":"2020-09-06T09:52:39","date_gmt":"2020-09-05T21:52:39","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=27333"},"modified":"2020-09-06T09:52:39","modified_gmt":"2020-09-05T21:52:39","slug":"how-prices-will-change-this-spring","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/how-prices-will-change-this-spring\/","title":{"rendered":"How prices will change this spring"},"content":{"rendered":"

PHOTO: Hans and Alicia Beck at their Kingsford home up for auction. Picture: Sam Ruttyn Source: News Corp Australia<\/em><\/span><\/strong><\/p>\n

Savvy Sydney buyers can snap up homes at bargain \u00adprices as the property market continues its slide in what experts predict will be an unprecedented spring selling season.<\/p>\n

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First-home buyers with their eyes on out-of-reach suburbs may be able to expand their search area if expert predictions that Sydney values could fall by at least 10 per cent in the next year are realised.<\/p>\n

Sydney\u2019s median home price has already dropped by about 2.6 per cent over the past four months, research from CoreLogic revealed.<\/p>\n

Further price falls would likely equate to an additional 0.5-1 per cent drop in values each month until midway through 2021.<\/p>\n

But major differences have already emerged in city reg\u00adions, with housing experts \u00adrevealing an increase in families wanting better houses could lift detached house \u00advalues in some areas.<\/p>\n

Meanwhile, sellers in areas heavily supplied with units will have to slash prices \u00adbecause of a drop in activity from investors.<\/p>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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